Tiger Sales & Lettings says ..

Property Oracle says ..

This property located on Poulton Road in Fleetwood, Lancashire, presents a mixed opportunity for potential buyers. The two-bedroom, two-bathroom house is situated relatively close to several primary schools with varying Ofsted ratings, providing a potential benefit for families. However, the lack of nearby comparable properties and the considerable distances to train stations suggest some limitations regarding convenient amenities and transportation. The most significant factor impacting the property’s value is its condition. The photographs provided clearly show the property is in significant need of repair and renovation. Significant work is required throughout most rooms, especially in the kitchens and one bathroom. In addition, there is no garden or outdoor space which, in the UK market, would be viewed negatively by many potential buyers. The listing price of £70,000 for 1,016 sqft must be considered alongside these factors. While the price may initially seem reasonable, the extensive refurbishment needed might significantly increase the overall cost of ownership, so buyers must carefully factor in those costs. Overall, this property represents a project purchase with potential but also significant risks and costs which potential buyers should be fully aware of before making a decision.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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